Oppenheimer Maintains Outperform on Gilead Sciences, Lowers Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Hartaj Singh maintains an Outperform rating on Gilead Sciences (GILD) but lowers the price target from $115 to $105.

February 12, 2024 | 1:40 pm
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Oppenheimer maintains an Outperform rating on Gilead Sciences but lowers the price target from $115 to $105.
While the reduction in price target from $115 to $105 by Oppenheimer could suggest a tempered outlook for Gilead Sciences, the maintenance of an Outperform rating indicates continued confidence in the company's long-term prospects. This mixed signal might lead to short-term uncertainty among investors, but the overall positive stance suggests a belief in the company's fundamental strength.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100